I have a use case on StraightLine Depreciation on an asset.
Method : StraightLine
I have an Existing Asset with Gross 28,177.57
Available to User : 07-10-2024
Purchase Date : 07-10-2024
I put it as a new asset with Opening Accumulated Depreciation = 0 and Opening Number of Booked Depreciations = 0. I set depreciation of this asset to 60 months with salvage cost = 1.
When Depreciation Schedule is generated, there are only 50 periods of depreciation and final accumulated deprecation is not as gross value of the asset.
I wonder why total period of schedule is not 60 as setting.



